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opposite is true. Petitioner was prompted to pay her
outstanding balance for each year when she learned that her
brokerage account was subject to backup withholding and a
school tax credit of $63 had been withheld.
Moreover, we find that the delay in payment of
petitioner’s taxes and interest for 1998 and 1999 is
attributable entirely to petitioner. Certainly, petitioner
bears full responsibility for filing her returns for those
years and paying the taxes shown thereon on or about
April 17, 2002, well past the filing and payment deadlines.
Petitioner also bears full responsibility for waiting until
March 29, 2004, to pay the outstanding liabilities owed for
both years. We are not persuaded to hold otherwise based
upon her vague assertion that she thought “that all had
been resolved”. To do so would be to hold that petitioner
should be relieved of interest because of her confusion or
lack of full understanding of the balances due with respect
to her taxes for 1998 and 1999. Accordingly, we find no
basis on which to abate any interest assessed with respect
to petitioner’s 1998 and 1999 taxes.
On the basis of the above,
An order and decision will
be entered for respondent.
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